Freelance journalist and content writer

From 2016 to 2017: What tax changes are impacting the buy-to-let market?

It’s about time to have a closer look at what happened in the UK’s property tax world in 2016 and what is about to change in the year ahead. New changes to tax relief for landlords could see many buy to let owners forced into a higher tax bracket from April 2017.

According to the National Landlord Association, more than 400,000 landlords could be affected by the changes, which will mean that landlords will no longer be allowed to deduct mortgage interest payments or other loan repayments related to their rental property from their turnover.